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What's Wrong With U.S. Cash

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The U.S. hasn't updated physical currency but some countries have changed lower denomination bills into coins and paper notes have been converted to polymer. While electronic payments are growing in the U.S., physical cash today is circulated more than ever. Experts claim that the choice to continue printing paper notes is fueled by special interests but The Federal Reserve says changing currency is costly and complex.

Chapters:
00:00 — Introduction
01:34 — Circulation
03:59 — Production
07:20 — Modernizing money

Produced and Edited by: Mark Licea
Supervising Producer: Lindsey Jacobson

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What's Wrong With U.S. Cash
Category
Tech
Tags
CNBC, CNBC original, business
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